Foxconn to resume normal production in virus-hit China by end of March
Apple supplier Foxconn said it would resume normal production in China by the end of the month and that more than half its seasonal workforce...
Global shares extend recovery on hopes of policy easing, eye G7 for cues
Global stocks and oil prices extended gains on Tuesday as policymakers indicated their willingness to help ease the economic fallout from the coronavirus, while worries...
UBS’s Ermotti nominated to become Swiss Re chairman in 2021
Swiss Re said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday....
Lindt posts higher profit, 75% jump in dividend
Switzerland’s Lindt & Spruengli proposed a sweeter payout to shareholders on Tuesday with a proposal to increase its divided by 75% to mark its 175th...
UBS’s Ermotti to become Swiss Re chairman
Swiss Re said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday....
Global shares extend rebound on policy easing hopes, eye G7 for cues
Global shares and oil prices extended their rebound on Tuesday as policymakers indicated their willingness to move to ease the economic fallout from the coronavirus,...
Oil extends gains as hopes of stimulus, OPEC cuts offset virus
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of...
SoftBank CEO tells U.S. investors he’ll be more careful
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm...
Global shares extend rebound on hopes of G7 support
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from...
Tencent extends warranty for Nintendo Switches in China as virus hits sales
Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six...